Kodiak and Ares Acquisition Corporation II Have Raised Over $275 Million to Support Proposed Business Combination Following Redemptions
Core Viewpoint - Kodiak Robotics, Inc. and Ares Acquisition Corporation II have successfully raised over $275 million to support their proposed business combination, following redemptions [1] Group 1 - Kodiak Robotics is a leading provider of AI-powered autonomous vehicle technology [1] - Ares Acquisition Corporation II is a publicly traded special purpose acquisition company (SPAC) [1] - The raised funds include approximately $21 million from redemptions [1]